Скачать или смотреть India's Credit Card Market Fizzles In August, Witnesses 2.8% Decline In Net Card Additions

The outstanding credit card base dropped to 77.99 million in August from over 80 million in July, mainly on account of the new norms of the Reserve Bank of India (RBI) that warrant the deactivation of cards that are inactive for a year. While there was a 2.8 per cent decline in net card additions on a month-on-month (MoM) basis in August.

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